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CFTC Warns Against Cryptocurrency Pump-and-dump Schemes

CFTC Warns Against Cryptocurrency Pump-and-dump Schemes The rising popularity of cryptocurrencies is of great concern. Especially when it comes to pump-and-dump schemes, there’s reason to be concerned. As such, the CFTC issued an official warning against this type of market manipulation. They advise customers to avoid such schemes, especially when it comes to small and new altcoin markets. It is evident doing one’s research is always the best course of action. In the world of cryptocurrency, pump-and-dump schemes are nothing…

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What Could Lift Bitcoin, Ripple, Ethereum, And Litecoin Prices Back Towards New Highs

What Could Lift Bitcoin, Ripple, Ethereum, And Litecoin Prices Back Towards New Highs The cryptocurrency party is on again. After being in a deep correction for a few weeks, Bitcoin, Ethereum, Ripple, and Litecoin have been coming back nicely over the last week, gaining 19.87%, 10.48%, 30.57%, and 53.90% respectively—see table 1.   Table 1   7-Day Price Change For Major Cryptocurrencie Source: Coinmarketcap.com 2/16/18 at 10:30 a.m.   The turnaround in cryptocurrency markets comes as equity markets rebounded from…

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Cryptocurrency Markets Move Back Into Green After Substantial Selloff

Cryptocurrency Markets Move Back Into Green After Substantial Selloff Cryptocurrency markets are rebounding today, Feb. 3, following yesterday’s multi-month low in Bitcoin's price. Most of the top 50 coins are in green, with 24 hour gains over 20 percent. In part due to pressure from misleading reporting on regulations in India, the overall cryptocurrency market took a massive nosedive starting Thursday, Feb.1, shedding more than $100 billion in market cap in the 24 hours following the news. However, after the…

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Bitcoin, Ripple, And Litecoin Sell-off – What’s Different This Time Around

Bitcoin, Ripple, And Litecoin Sell-off – What's Different This Time Around The current sell-off in Bitcoin, Ripple, Litecoin, and other cryptocurrencies may have a long way to go before it’s over. For a “technical” reason: it’s broad, extending from major currencies to the smaller ones. When Bitcoin dropped close to 40% back in the middle of December, Ripple rallied, quadrupling in value in just a few days. The rally quickly spread to Ethereum, Litecoin, NEM, Siacoin and Bytecoin, and other…

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano – Price Analysis, Jan. 25

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano – Price Analysis, Jan. 25 The massive upwards movement in cryptocurrencies over 2017 has not gone unnoticed. The participants at the World Economic Forum (WEF) in Davos are being questioned about cryptocurrencies and Cointelegraph has been one of the main voices representing the fraternity. The traditional investors are still not willing to accept the rising clout of the cryptocurrencies and are pushing for tighter regulation. Only recently, Nordea Bank banned its…

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano – Price Analysis, Jan. 23

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano – Price Analysis, Jan. 23 When the markets are bullish, a lot of traders only focus on high target levels. This leads to a left out feeling among the ones who have missed out on the rally, and they rush to buy at elevated levels. This results in a huge loss of capital to the uninformed traders. The opposite works when the market falls. One starts to hear bearish voices with…

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The Bull And The Bear Case For Bitcoin, Ethereum, Ripple, Litecoin, And Other Cryptocurrencies

The Bull And The Bear Case For Bitcoin, Ethereum, Ripple, Litecoin, And Other Cryptocurrencies There have been better days and worse days for Bitcoin, Ethereum, Ripple, Litecoin, and other cryptocurrencies. The better days were back in November and December when a “virtuous” rotation helped spread the rally from Bitcoin to other cryptocurrencies. This means that funds cashed out from one currency were invested in other currencies. That’s a bullish "technical" sign for cryptocurrencies, as it keeps the momentum for the…

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Bitcoin tax loophole could save cryptocurrency investors millions as it leaves HMRC short

Bitcoin tax loophole could save cryptocurrency investors millions as it leaves HMRC short MILLIONS of pounds could be lost by the Treasury after a tax loophole was revealed and cryptocurrency investors are expected to take full advantage of the gap, experts warn. The massive loophole allows investors, who could have made millions when bitcoin hit its $19,343 (£14,000) high in December, to declare their returns as gambling winnings. Winnings from gambling are generally not considered investment returns and so avoid…

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Price Analysis, Jan. 19 – Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano

Price Analysis, Jan. 19 – Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano After a sharp fall, the aggressive bulls jump in and buy at lower levels. This strategy has resulted in huge gains for the cryptocurrency traders in 2017. However, unlike previous occasions, we have not seen a sharp rise this time. This shows that the traders are not confident of a huge rally from the current prices. In the next few days, we expect a range bound…

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Cryptocurrency prices edge higher with ripple bouncing back 65% after ‘severe’ sell-off

Cryptocurrency prices edge higher with ripple bouncing back 65% after ‘severe’ sell-off Bitcoin and ethereum — the first and second largest virtual currencies by market value — appeared to recover after Wednesday's lows. Experts told CNBC earlier this week that investors had been "spooked" by news of regulatory crackdowns from both South Korea and China. Regulators have expressed concerns over digital assets due to their extremely volatile nature and worries that they could be used for illicit activity. Major digital…

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